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Brookfield closes circa €1.3bn purchase of Berlin’s Potsdamer Platz

Brookfield Property Partners has completed the acquisition of Berlin’s Potsdamer Platz in Berlin from Savills Fund Management, the asset manager of the former SEB Asset Management (SEBAM) platform, with its joint venture partner, an Asian sovereign wealth fund.
By James Wallace
January 4, 2016 | 4:34 P.M.

While Brookfield did not confirm the purchase price, CoStar News understands that it is circa 1.3bn. The identity of the Asian sovereign wealth fund is not confirmed.

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News | Brookfield closes circa €1.3bn purchase of Berlin’s Potsdamer Platz